Effective July 1, 2021, the NCAA has said that student-athletes may begin to receive compensation from third-parties for use of their name, image and likeness (NIL). This comes in advance of potential federal or State of Rhode Island legislation. This policy serves as guidance to navigate the NIL changes while maintaining NCAA eligibility for practice and competition.
Student-athletes may use their name, image, and likeness to promote their own ventures. Student-athletes may not enter into any oral or written agreements for NIL compensation prior to July 1, 2021.
The state of Rhode Island does not currently have any NIL-related legislation nor is there any pending legislation. Should the state enact legislation, all student-athletes will be notified of this change.
All instances of student-athletes utilizing this opportunity to promote themselves or a business venture and are using their name, image and/or likeness must be disclosed to the Compliance Office within five (5) business days of origination of any business venture.
NIL ventures made by student-athletes will not be approved or denied by Bryant University Athletics, but it will be reviewed to ensure that the student-athlete is not jeopardizing their NCAA athletic eligibility by entering into NIL agreements that are in violation of other NCAA legislation (including, but not limited to extra benefits, offers and inducements, etc.)
Institutional Control and NCAA Compliance Office monitoring of NIL-related ventures will be done through the completion and review of a workflow in ARMS. SA will disclose and Compliance will review details of business or venture, including, but not limited to involved individuals, commercial entities or third parties involved, compensation structure, institutional involvement including inducements and the nature of the venture.
Any changes in any facet of the approved NIL venture must be disclosed prior to changes being finalized so that it can be re-reviewed with new information